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CIFIPanama
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Last update: 2022-10-28 12:00:09
Costa del Este, Panama City, location of CIFI's head office at MMG Tower. Photo: Maria Mertens via Flickr (CC BY-SA 2.0)
Active
This profile is actively maintained
Last update: 2022-10-28 12:00:09
About
| Website | https://www.cifi.com/2020/en/ |
| Headquarters |
MMG Tower, Costa del Este, 13th floor Office 13ª, Roberto Motta Avenue
Panama City
Panama
|
| CEO/chair |
Cesar Cañedo Arguelles Chief Executive Officer |
| Supervisor | |
| Ownership |
CIFI's shareholder structure can be accessed here. |
The Spanish bank Bankia and the Inter-American Investment Corporation in 2001 established CIFI, the Corporacion Interamericana Para El Financiamiento de Infraestructura. CIFI is a financial institution, based in Panama, that arranges and provides debt financing to privately owned infrastructure projects in Latin America and the Caribbean. CIFI is mainly active in the energy, oil and gas, transportation, telecommunications, water, environmental, social infrastructure and tourism industry segments. CIFI adopted the Equator Principles in 2007.
Sustainability
Policies
Voluntary standards
CIFI's web page on corporate social responsibility can be accessed here. In its 2021 Annual csr report CIFI states that "As of January 2022, CIFI will no longer invest in Fossil Fuels, except for midstream and downstream gas".
CIFI has committed itself to the following voluntary standards:
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Accountability
Grievances
CIFI operates a grievance mechanism which can be accessed here.
This page evaluates CIFI's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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